[ANN] ALAX - The Blockchain Game Platform for Emerging Markets - page 34.

Frickeladm

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Quote from: traveler007 on April 20, 2018, 01:14:24 AM

Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

Yes. Now almost all project requied KYC for ICO. But passport this is one case and proof of residency - another. It's too much requirements I think.

Both documents are far too much asked for in my opinion. Anonymity is the key of the blockchain. No project should ask for a valid ID or passport

ALAX_io

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Our Co-founder Kalvin Feng presented ALAX at Blockchain Technology and Application conference in Beijing on March 30-31. Our Chinese speakers can watch the video record from the conference here.

jonnytracker

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Quote from: traveler007 on April 20, 2018, 01:14:24 AM

Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

Yes. Now almost all project requied KYC for ICO. But passport this is one case and proof of residency - another. It's too much requirements I think.

why not just do ico with fiat, transfer money through bank accounts that will be more convenient and safe

beeelzebub

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Quote from: cantdecide on April 20, 2018, 04:43:53 AM

Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

I think not every KYC needs an utility bill, as far as I know. In fact, all KYCs I made so far, in crypto and not in crypto, never asked for a bill or something like that.

I made countless KYC some asks for an utlility bill some ask only an id. Some asks information like you are trying to be a citizen of USA.

I hope Alax's will be one of the easy ones.

Frank37

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Quote from: Makkara on April 20, 2018, 04:09:30 AM

Beside all technicism i think is a good thing we are starting to go in a direction where KYC is required, is time for crypto to leave the "far west phase"

As I always mentioned in an other thread, it would make more sense, that the company makes the KYC (Know Your Company Cheesy

), not the investor.
The reason is simple, because only investors can loose money, if the ICO is scam.
There is no possibility, that an investor can scam an ICO.
I'm aware, that the KYC is made for reasons of money laundering, but from the view of who has to be protected, the company should make the KYC, rather than the investor.
So I still like to invest anonymously, but unfortunately that soon will be a thing of the past.

cantdecide

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Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

I think not every KYC needs an utility bill, as far as I know. In fact, all KYCs I made so far, in crypto and not in crypto, never asked for a bill or something like that.

Makkara

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Beside all technicism i think is a good thing we are starting to go in a direction where KYC is required, is time for crypto to leave the "far west phase"

ALAX_io

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Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

In case of our KYC, the sufficient proof of residency is an ID or Passport with your address. The uploading of another document is only optional - you do not have to do it. Also - very important is to state the fact, that we have two target groups - unbanked people and crypto community. Most of the unbanked people do not have any crypto and also don't want to have anything with it or just don't have any/enough information about it. So we are don't really expecting them to participate in the TGE. They are an important segment of the final product - ALAX app store. And they do not need to have any crypto to be able to use it (that is part of the reason why we have two tokens).

ALAX_io

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Quote from: o48o on April 19, 2018, 01:03:34 PM

Before i will buy this, just one quick question about the kyc... Is national ID ok or should it be a passport? And what kind of proof of residence should i provide if i don't get any utility bills, bank statements energy provider bills to my address?

Depends on where are you from. So far it seems that the KYC software can read only latin characters. Passports always have everything written in Latin characters as well but if you have an ID with Latin characters it should be sufficient. Wink

omwibya

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Quote from: traveler007 on April 20, 2018, 01:14:24 AM

Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

Yes. Now almost all project requied KYC for ICO. But passport this is one case and proof of residency - another. It's too much requirements I think.

my thoughts exactly. crypto is supposed to be anonymous , not require proof of residency and address.

traveler007

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Quote from: CHRISBIN702 on April 19, 2018, 08:53:42 PM

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

Yes. Now almost all project requied KYC for ICO. But passport this is one case and proof of residency - another. It's too much requirements I think.

Frickeladm

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Quote from: Makkara on April 20, 2018, 12:36:16 AM

Quote from: jonnytracker on April 19, 2018, 11:04:31 PM

Quote from: ?? on ??

Quote from: yomikiyao on April 19, 2018, 09:02:39 PM

Yes, the game industry is booming. I believe ALAX can play its creative talents. Actively explore business.

In my opinion, the ALAX project will entirely change the gaming industry. Let's wait and see ALAX's products, which will change the gaming industry.

To change the gaming industry they need to concern indie developers not only big studios. Most addictive indicative games are from indie studio and devs

i agree big companies dictates their way and don't have any interest in changing the paradigm. Beside the indie market with high quality game is booming since the tools necessary to build games are becoming easier and easier.

Its not only about the accessibility of tools, i think its more about brave and new concepts that indie developers are not afraid to use.

Makkara

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Quote from: jonnytracker on April 19, 2018, 11:04:31 PM

Quote from: ?? on ??

Quote from: yomikiyao on April 19, 2018, 09:02:39 PM

Yes, the game industry is booming. I believe ALAX can play its creative talents. Actively explore business.

In my opinion, the ALAX project will entirely change the gaming industry. Let's wait and see ALAX's products, which will change the gaming industry.

To change the gaming industry they need to concern indie developers not only big studios. Most addictive indicative games are from indie studio and devs

i agree big companies dictates their way and don't have any interest in changing the paradigm. Beside the indie market with high quality game is booming since the tools necessary to build games are becoming easier and easier.

jonnytracker

sr. member

Activity: 672

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Quote from: ?? on ??

Quote from: yomikiyao on April 19, 2018, 09:02:39 PM

Yes, the game industry is booming. I believe ALAX can play its creative talents. Actively explore business.

In my opinion, the ALAX project will entirely change the gaming industry. Let's wait and see ALAX's products, which will change the gaming industry.

To change the gaming industry they need to concern indie developers not only big studios. Most addictive indicative games are from indie studio and devs

yomikiyao

member

Activity: 132

Merit: 10

Quote from: Trrrt on April 19, 2018, 05:08:21 PM

The alax ico performing not that bad, more than 2 millions $ raised and maybe it’s just a start. There is also no soft cap, so no matter what token will be distributed and the team will try to developp the project with the amount raised.

Yes, the game industry is booming. I believe ALAX can play its creative talents. Actively explore business.

CHRISBIN702

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Activity: 1134

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My blockchain can beat up your blockchain

I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.

neolinkhati

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ALAX, the blockchain-based app platform allowing access to unbanked consumers, begins Token Generation Event

o48o

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Quote from: MandatoryOption on April 19, 2018, 03:24:00 PM

Quote from: o48o on April 19, 2018, 02:21:44 PM

Quote from: ALAX_io on April 19, 2018, 05:25:29 AM

Good news everyone! Another cryptocurrency exchange is going to list our ALX tokens! Read more about our listing on CREX24 on our blog.

Things like those "certifications" (https://crex24.com/assets/gfx/COI.png) are being used over and over on scam sites, and i've yet not seen any in legit sites. Now i know that you can't stop people from listing what they want but maybe take another look how legit their site looks exactly before advertising them.

So you are saying that this crex24 exchange shouldn't be trusted? Or how can I understand your statement?

I am saying that i wouldn't, and i am staying away... Reminds me too much of lots of places that have just disappeared with exit scams. But of course that's just my personal opinion.

belechau

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I have had experiences of similar values initially raised, where I did not join in time and I regretted, in the Icos that I follow today, I am based more on the potential of the project and work of the Team, than initial values collected, I know I will be in to avoid regrets

Trrrt

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Activity: 448

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The alax ico performing not that bad, more than 2 millions $ raised and maybe it’s just a start. There is also no soft cap, so no matter what token will be distributed and the team will try to developp the project with the amount raised.

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